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Warehouse market news

News, analysis and lease transactions from the Hungarian warehouse market

CTP announces Art Wall Competition Winners

The winning proposals of the 1st year of the CTP Art Wall international competition were announced this week in the Manes Gallery in Prague. A jury of experts from CTP, CBRE and others chose two of the most successful visuals from artists with pseudonyms DZIA from Belgium and Michal Škapa alias TRON, which will be implemented on the selected CTPark walls in the following months. This will create a unique outdoor art gallery. CTP awarded each of the winning artists with a financial reward worth a total of 100,000 CZK.

Volvo Showroom Redesigned

The Swedish car manufacturer’s flagship showroom in Budapest was enriched with one of Hungary's largest glass panes and a new design with the assistance of DVM group.

CTParks to be transformed into artwork

The international developer CTP launches a new mural art competition for illustrators, visual artists, painters and graphic designers – CTP Art Wall. For this project, CTP will provide enormous space – the walls of their own industrial buildings. In doing so, selected CTParks will create a unique outdoor art gallery. Besides the support during the realisation, CTP will also award two winners with a financial reward totalling CZK 200 000.

CTP acquires Rozália Park in Budapest

CTP continued its expansion in the Hungarian market through the acquisition of Rozália Park from Challenger, a 57,800 sq m logistics scheme directly adjacent the M1 to the west of Budapest.